Columbia Financial director adds deferred stock units
Columbia Financial, Inc. director Holland Noel R. reported a compensation-related acquisition of common stock through a stock-based deferral plan.
Rhea-AI Filing Summary
Columbia Financial, Inc. director Holland Noel R. reported a compensation-related acquisition of common stock through a stock-based deferral plan. On June 26, 2026, 14.3815 phantom stock units tied to Columbia Financial common stock were credited at $20.86 per share under the Columbia Bank Stock Based Deferral Plan, held indirectly through a rabbi trust on a non-discretionary basis.
After this grant, the deferral plan account held 10,071.3002 common stock units. The filing also shows other existing holdings of common stock held directly and through retirement and stock award accounts, plus fully vested stock options with an exercise price of $15.60 per share expiring on July 23, 2029.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 14.3815 shares
Grant/Award
5 txns
Insider
Holland Noel R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14.3815 | $20.86 | $300.00 |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,071.3002 shares (Indirect, By Stock-Based Deferral Plan);
Stock Options (right to buy) — 83,294 contracts (Direct);
Common Stock — 36,726 shares (Direct);
Common Stock — 46,280 shares (Indirect, By SEP-IRA);
Common Stock — 2,952 shares (Indirect, Stock Award V)
Footnotes (3)
- F1. Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan. Stock unit interests under the Columbia Bank Stock Based Deferral Plan will be settled in shares of stock upon distribution to the reporting person.
- F2. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 12, 2027.
- F3. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
Key Figures
Phantom stock units granted: 14.3815 shares
Grant reference price: $20.86 per share
Deferral plan balance: 10,071.3002 shares
+5 more
8 metrics
Phantom stock units granted
14.3815 shares
Grant under Columbia Bank Stock Based Deferral Plan on June 26, 2026
Grant reference price
$20.86 per share
Common Stock units credited under stock-based deferral plan
Deferral plan balance
10,071.3002 shares
Common Stock units held indirectly after the transaction
Direct common stock holding
36,726 shares
Common Stock held directly following reported holdings entry
SEP-IRA indirect holding
46,280 shares
Common Stock held indirectly by SEP-IRA after holdings entry
Stock award holding
2,952 shares
Common Stock held indirectly as stock awards (vesting March 12, 2027)
Vested stock options
83,294 underlying shares
Options on Columbia Financial common stock, fully vested
Option exercise price
$15.60 per share
Stock options expiring July 23, 2029
Key Terms
phantom stock, rabbi trust, non-qualified stock-based deferral plan, Equity Incentive Plan, +1 more
5 terms
phantom stock financial
"Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
rabbi trust financial
"by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan"
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
non-qualified stock-based deferral plan financial
"Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan"
Equity Incentive Plan financial
"granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Stock Options (right to buy) financial
"Stock Options (right to buy) granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Holland Noel R. report for CLBK?
Holland Noel R. reported a compensation-related acquisition of 14.3815 phantom stock units of Columbia Financial common stock at $20.86 per share, credited under a stock-based deferral plan and held indirectly through a rabbi trust.
How are the new CLBK phantom stock units for Holland Noel R. held?
The 14.3815 phantom stock units are held in a Columbia Bank Stock Based Deferral Plan, purchased on a non-discretionary basis by a trustee in a rabbi trust and settled in actual shares upon distribution to the reporting person.
What CLBK holdings does Holland Noel R. have after the latest Form 4?
After the reported acquisition, one deferral-plan account holds 10,071.3002 common stock units, alongside other indirect holdings via a SEP-IRA and stock awards, and direct holdings of common stock and fully vested stock options on Columbia Financial shares.
What stock options on CLBK does Holland Noel R. currently hold?
The filing shows fully vested stock options on 83,294 shares of Columbia Financial common stock, with an exercise price of $15.60 per share and an expiration date of July 23, 2029, representing a significant derivative position.
Is the CLBK Form 4 transaction an open-market purchase or a grant?
The Form 4 characterizes the 14.3815-share entry as a grant or award acquisition under a stock-based deferral plan. Footnotes describe phantom stock purchased on a non-discretionary basis by a trustee, rather than a discretionary open-market stock purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
